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Nov 17, 2012
11/12
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a new audit reveals the federal housing administration is facing a $16.3 billion deficit. peter barns is live for us in washington. just how bad are the numbers coming out of this audit? >> the agency insures more than a trillion dollars in riskier mortgages with very low down payments, mainly for first time home buyers. annual audit released found the agency as you said, has a $16.3 billion capital reserve shortfall because of mortgages going bad. but the fha is down playing the possibility of a bailout. it says it expects to add $11 billion in capital from new business in the year ahead. it also announced a slight increase in fees today in some other new steps to improve its finances. it says it hopes all of this will put its capital position back in the black within the fiscal year. the agency says that should reduce the likelihood that it will need to tap its credit line with the treasury department. the other government housing insurers, fannie mae and freddie mac got $187 billion and repaid a quarter of it. >> harris: i have kind of a two-part thought on this. this s
a new audit reveals the federal housing administration is facing a $16.3 billion deficit. peter barns is live for us in washington. just how bad are the numbers coming out of this audit? >> the agency insures more than a trillion dollars in riskier mortgages with very low down payments, mainly for first time home buyers. annual audit released found the agency as you said, has a $16.3 billion capital reserve shortfall because of mortgages going bad. but the fha is down playing the...
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Aug 2, 2012
08/12
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it is not a plan to reduce the deficit. it is not a plan to build our middle class. >> the president is going to be bracing for that jobs report tomorrow when it comes out 8:30 a.m. eastern time. interesting, that the next jobs report for the month of august will come out the day after the democratic national convention, about a month from now. so it gives you an idea how some of these jobs reports are going to frame the final days of the campaign, shep. >> shepard: yeah, it seems like they will just as have you been predicting all along. you mentioned that the president was speaking in central florida. governor romney's aides are reminding folks of promises that the president made before he was president in florida four years ago. >> that's right. the romney camp has a new ad out today that basically says the president is out there in florida today talking about going forward and not backward. the romney camp is saying, look, the president's plan has led to rising unemployment, rising deficits and they use some of the pres
it is not a plan to reduce the deficit. it is not a plan to build our middle class. >> the president is going to be bracing for that jobs report tomorrow when it comes out 8:30 a.m. eastern time. interesting, that the next jobs report for the month of august will come out the day after the democratic national convention, about a month from now. so it gives you an idea how some of these jobs reports are going to frame the final days of the campaign, shep. >> shepard: yeah, it seems...
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Jun 26, 2012
06/12
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studies show the president's health care law is projected to add hundreds of billions of dollars to our deficit -- and increase spending by more than a trillion dollars. and the truth is -- we still don't know how much this law will eventually cost. i don't want anything to come between my patients and me -- especially washington bureaucrats. we need real reform that improves care, and the president's health care law just isn't it. it just isn't worth it. this is where health care decisions should be made. not in washington. i knew it'd be tough on our retirement savings, especially in this economy. but with three kids, being home more really helped. man: so we went to fidelity. we talked about where we were and what we could do. we changed our plan and did something about our economy. now we know where to go for help if things change again. call or come in today to take control of your personal economy. get free one-on-one help from america's retirement leader. the teacher that comes to mind for me is my high school math teacher, dr. gilmore. i mean he could teach. he was there for us, even if
studies show the president's health care law is projected to add hundreds of billions of dollars to our deficit -- and increase spending by more than a trillion dollars. and the truth is -- we still don't know how much this law will eventually cost. i don't want anything to come between my patients and me -- especially washington bureaucrats. we need real reform that improves care, and the president's health care law just isn't it. it just isn't worth it. this is where health care decisions...
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Aug 23, 2012
08/12
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they don't think they will get a deficit deal before the election. they think this will happen after the election, jon. >> jon: ed henry at the white house. protecting the middle class has been a big campaign theme for both the president and governor romney. new study indicates the middle class just suffered worst decade in modern history leaving it poorer and smaller than it has been in years. according to the pew research center which describes itself as a nonpartisan think tank. middle class wealth has dropped 28% from $130,000 in the year 2000 to about 93,000 in 2010. the report also shows the middle class hastedtly shrunk over the years 61% of the population in 1971 to just over 50% last year. the fox business network's gerri willis with the news live from our new york newsroom. gerri, who qualifies as middle class these days and why is that group drinking. >> it's interesting broadly. $39,000 a year in income to $118,000 a year in income. what's happened over these last 10 years is that income has been shrinking. this year the median income was
they don't think they will get a deficit deal before the election. they think this will happen after the election, jon. >> jon: ed henry at the white house. protecting the middle class has been a big campaign theme for both the president and governor romney. new study indicates the middle class just suffered worst decade in modern history leaving it poorer and smaller than it has been in years. according to the pew research center which describes itself as a nonpartisan think tank. middle...
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Jan 25, 2012
01/12
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how do we close our deficit? how do we invest in things we must to. grow the middle class we have to have a tax code that's both more simple but more fair. >> so guess who will be in the box there in the house chamber tonight with first lady michelle obama? we're told about a dozen individuals. several of whom are from battleground states like virginia and north carolina. just coincidentally, perhaps. but also the actual secretary for warren buffet will be up there with mrs. obama tonight just to make that point, shep. >> shepard: as if this were groundhog day republicans are once again calling this class warfare. >> that's right senator mike lee of utah was particularly rough in saying that he thinks this rhetoric is unamerican. take a listen. >> i don't think it's a good idea to pit americans one against another to divide the country with the acerbic rhetoric of class warfare. it's unamerican and it's not helpful. >> look, officials here say that this is not class warfare. not aimed at mitt romney paying tax rate of 14%. this is a chance for the pre
how do we close our deficit? how do we invest in things we must to. grow the middle class we have to have a tax code that's both more simple but more fair. >> so guess who will be in the box there in the house chamber tonight with first lady michelle obama? we're told about a dozen individuals. several of whom are from battleground states like virginia and north carolina. just coincidentally, perhaps. but also the actual secretary for warren buffet will be up there with mrs. obama tonight...
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Feb 14, 2012
02/12
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republicans question that math say it would send the deficit soaring. ed henry is live on the north lawn tonight. the president promised to cut the deficit in half by the end of the first term that was another thing that didn't happen. >> oops, yes, he did make that promise. he is he not going to reach it, shep. the bottom line is that the president, his aides say look, he inherited a much bigger mess than he expected. but, republicans say, no, you did inherit a $1.3 trillion deficit from president bush. but cutting it in half would be $650 billion. nowhere close. this budget basically says for the fourth year in a row it will be over $1 trillion of a budget deficit and that's why republicans are pouncing, take a listen. >> it's not dead on arrival. it's dead on arrival. and that's what we are seeing. you know, the president -- this is an ambush budget. >> also a tough assessment we have gotten from the simpson bowles commission. the president himself actually created. they say this is a good first step but doesn't go anywhere far enough to deal with th
republicans question that math say it would send the deficit soaring. ed henry is live on the north lawn tonight. the president promised to cut the deficit in half by the end of the first term that was another thing that didn't happen. >> oops, yes, he did make that promise. he is he not going to reach it, shep. the bottom line is that the president, his aides say look, he inherited a much bigger mess than he expected. but, republicans say, no, you did inherit a $1.3 trillion deficit from...
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Jun 27, 2012
06/12
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everything from how much we pay for insurance premiums to its effect on the national deficit and possibly even the presidential election according to a new fox news poll 39% those surveyed support it and 40% oppose it almost identical to three weeks ago and pretty identical in april of 2010 when the president signed it into. how should the supreme court 38 percent said overturn the whole thing. 30 percent said keep the whole thing. 3 this is interesting. the last poll shows that a majority of folks want to overturn it if the supreme court declares the law unconstitutional. 54% say it was a worthwhile effort. shannon bream is in our washington bureau tonight. she covers the court for us and will do so tomorrow. really interesting details in these polls, i thought. >> there are, shep. another one we took a look at how the president has handled the issue of healthcare. everything is on the line signature piece of legislation. 47% approve of the job he has done. 51% disapprove. see what the justices think. >> shepard: for now we wait. contingency plans on capitol hill, shannon? >> democrats a
everything from how much we pay for insurance premiums to its effect on the national deficit and possibly even the presidential election according to a new fox news poll 39% those surveyed support it and 40% oppose it almost identical to three weeks ago and pretty identical in april of 2010 when the president signed it into. how should the supreme court 38 percent said overturn the whole thing. 30 percent said keep the whole thing. 3 this is interesting. the last poll shows that a majority of...
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Oct 3, 2012
10/12
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. >> he will will say he is going to cut the deficit, please. he wants $2 trillion in new defense spending that the pentagon didn't ask for. a 5 trillion-dollar tax cut wealthy that he won't say how he will pay for. >> i spoke to two different officials with the president, he said he was very calm, very cool, getting downtown in his hotel right now. remarkable to be calm this calm right now knowing so much is on the line, shep. >> shepard: a lot in deed. ed henry live in denver. let's bring in chris wallace. have you spoken to both camps today, what did you learn? >> i have been working the phones trying to get a preview and the most interesting thing i learned is that the romney camp says that their guy is going to really go on offense when it comes to the obama record. they had noticed in the polls that people are getting a little bit more optimistic about the economy, that romney is losing some of his edge in the polls on who would handle the economy better. so they say he is really going to take it to obama on the obama record over these pas
. >> he will will say he is going to cut the deficit, please. he wants $2 trillion in new defense spending that the pentagon didn't ask for. a 5 trillion-dollar tax cut wealthy that he won't say how he will pay for. >> i spoke to two different officials with the president, he said he was very calm, very cool, getting downtown in his hotel right now. remarkable to be calm this calm right now knowing so much is on the line, shep. >> shepard: a lot in deed. ed henry live in...
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May 16, 2012
05/12
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when asked about the president's approval on handling the deficit. only 36% approve. 59% disprove. little danger sign for him there. there is also good news in this poll because the president's overall job performance is up to 49%. that's 4 points of an increase since april. it suggests that maybe his numbers are stabilizing. the basic rule in politics is any incumbent who is right around 50% when they are up for re-election they are in a danger zone. what this shows us is that even while the president's numbers are stabilizing he is going knob a dogfight with mitt romney. this is going to be a close election. >> ed henry beginning our politics coverage. ed? we really saw back-to-back attacks on the campaign trail today. vice president biden was all fired up going after mitt romney. governor romney got in his own jabs at president obama. we will hear from both sides just minutes from now on fox report. first though, early investors in facebook are cashing in on all the hype two days before this company goes public. facebook's early shareholders are adding millions more shares to fr
when asked about the president's approval on handling the deficit. only 36% approve. 59% disprove. little danger sign for him there. there is also good news in this poll because the president's overall job performance is up to 49%. that's 4 points of an increase since april. it suggests that maybe his numbers are stabilizing. the basic rule in politics is any incumbent who is right around 50% when they are up for re-election they are in a danger zone. what this shows us is that even while the...
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Jul 20, 2012
07/12
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no policy deficit. it is just an atrocity that is impossible to explain. this is the fifth time in 13 years an american has committed mass murder. columbine, colorado, april 20, 1999. 13 dead. 26 wounded. after two students shot them down. the two then committed suicide. april 1 16, 2007. a deranged man on the virginia tech campus kills 33 people including himself. no motive for the homicides. november 5, 2009. army major nadal hassan kills 13 americans at fort hood, texas. currently charged with premeditated murder. his trial will begin next year. and january 8, 2011 gerald love lofner. now, we have 24-year-old james holmes from san diego who allegedly killed 12 people, wounding 59 others in a colorado movie theater. the crime took place in aurora a suburb of denver. a place where i lived for two years. aurora is a middle class neighborhood, just regular folks. colorado authorities are holding holmes and theres
no policy deficit. it is just an atrocity that is impossible to explain. this is the fifth time in 13 years an american has committed mass murder. columbine, colorado, april 20, 1999. 13 dead. 26 wounded. after two students shot them down. the two then committed suicide. april 1 16, 2007. a deranged man on the virginia tech campus kills 33 people including himself. no motive for the homicides. november 5, 2009. army major nadal hassan kills 13 americans at fort hood, texas. currently charged...
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Apr 10, 2012
04/12
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the administration is standing by its claim that the new healthcare law will indeed cut the deficit. so two sides. mike emanuel is in washington. what is the author of this study saying about where the numbers come from and what's different from the other numbers and on and on and on? >> well, shep, there is an argument the government is double counting using the same pile of cash for two different purposes. the author of the study healthcare such a massive issue it will dig the country's financial hole even deeper. >> they are trying to do several things same must takennously. one is to extend the solvency of the medicare program. that requires financial resources. they also want to extend subsidized health coverage to 30 million people. and that requires a lot of resources as well. there is enough savings in the law to do one of the two things but not both. blahous wants the understand the law. >> shepard: the white house has a different take on this. >> they say is he opponent of healthcare we rorm and use iting new math. this is obviously a partisan analysis says jay carney does
the administration is standing by its claim that the new healthcare law will indeed cut the deficit. so two sides. mike emanuel is in washington. what is the author of this study saying about where the numbers come from and what's different from the other numbers and on and on and on? >> well, shep, there is an argument the government is double counting using the same pile of cash for two different purposes. the author of the study healthcare such a massive issue it will dig the country's...
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Sep 14, 2012
09/12
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. >> to stop it you have to take steps to reduce the deficit. you have to raise taxes and cut spending. that's what has to happen. >> now house republicans passed alternative cuts but without tax increases senate democrats refuse to take it up. republicans noted today that while the sequester would cut defense spending over a decade. nondefense spending would actually go up 35%. looks like there is several more rounds to this debate, harris. >> that's why they call it washington. good to see you, jim. >> fed's new stimulus plan fueling a second straight day of gains on wreevment the dow up 54 closing at four year high. now just 4% away from all-time high above 14,000. something we haven't seen before the economy tanked in 2007. the rally coming after yesterday's announcement that it plans to buy up $40 billion in mortgage debt every month until the economy shows substantial improvement. but another big report today finding people are putting more of their money in their gas tanks and spending less of it on other things. and that could put a damp
. >> to stop it you have to take steps to reduce the deficit. you have to raise taxes and cut spending. that's what has to happen. >> now house republicans passed alternative cuts but without tax increases senate democrats refuse to take it up. republicans noted today that while the sequester would cut defense spending over a decade. nondefense spending would actually go up 35%. looks like there is several more rounds to this debate, harris. >> that's why they call it...
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Dec 22, 2012
12/12
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and then he says come back and do spending cuts and deficit reduction in the new year. he is telling lawmakers take a few days off. relax over the holidays and maybe we'll all come together. take a listen. >> sing some christmas carols, enjoy the company of loved ones. and then i would ask every member of congress while they are back home to think about that think about the obligations we have to the people who sent us here. think about the hardship that so many americans will endure if congress does nothing at all. >> now, i can hear the helicopters warming up there on the other side of the white house from where i am on the south lawn. the president will be heading to andrew's air force base in a moment. is he going to hawaii tonight. on his way out the door told us "see you next week." which means he will be coming back after christmas before new years to try to work this out with lawmakers. he also suggested maybe they have eggnog over the holiday. maybe he thinks that will grease the skids. >> harris: eat cookies and sing carols for the rest of us across the countr
and then he says come back and do spending cuts and deficit reduction in the new year. he is telling lawmakers take a few days off. relax over the holidays and maybe we'll all come together. take a listen. >> sing some christmas carols, enjoy the company of loved ones. and then i would ask every member of congress while they are back home to think about that think about the obligations we have to the people who sent us here. think about the hardship that so many americans will endure if...
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May 21, 2012
05/12
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and we don't begin to deal with our debt and our deficit in an honest and serious way, we're not going to have many options. listen, i'm not going to apologize for leading. the real issue here is will the president lead? >> well, the president today took a swipe at boehner and his colleagues by saying there needs to be patience in dealing with the eurozone. they have got 17 governments, 17 congresses to deal with the president saying given what he has to deal with one congress when he thinks about 17 congresses he gets a big headache. >> shepard: i bet. ed henry in chicago. thanks. no concrete solutions on the mess. apple the world's most valuable company helping to move all stock indices into the positive territory today. check it out green arrows all around. the dow broke a six day losing streak and went up 100 plus. 135 there. the nasdaq was up a big percentage. in fact, the biggest percentage rise for one session all year. s&p 500 up 21 points good chunk as well. the economy and america's foreign policy among factors driving a new wave of protests today. marchers crowded the street
and we don't begin to deal with our debt and our deficit in an honest and serious way, we're not going to have many options. listen, i'm not going to apologize for leading. the real issue here is will the president lead? >> well, the president today took a swipe at boehner and his colleagues by saying there needs to be patience in dealing with the eurozone. they have got 17 governments, 17 congresses to deal with the president saying given what he has to deal with one congress when he...
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Jan 11, 2012
01/12
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another 25% say deficit reduction. the rest split between social issues and the like. they are very down on the list here. with us now, "fox news sunday" anchor chris wallace. chris is live in new york tonight. hello, chris. what do you make of these exit polls, please? >> well, one of the things is that for all the talking about it being one nation, boy, two states couldn't be more different than iowa and new hampshire as you just pointed out. people in new hampshire, and it's not, you know, people voting in republic primaries are still pretty conservative. but they identify themselves much more as interested in economy. much less interested in social issues. in fact, they say they are liberal to moderate on social issues. and obviously a lot of undeclared voters who were independents. some of them, you know, nonregistered republicans but an awful lot of nonregistered independence and democrats as well. it's a totally different environment. it seems from the exit polls it's much more favorable to people like mitt romney, ron paul, jon huntsman. much less favorable to
another 25% say deficit reduction. the rest split between social issues and the like. they are very down on the list here. with us now, "fox news sunday" anchor chris wallace. chris is live in new york tonight. hello, chris. what do you make of these exit polls, please? >> well, one of the things is that for all the talking about it being one nation, boy, two states couldn't be more different than iowa and new hampshire as you just pointed out. people in new hampshire, and it's...
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Sep 28, 2012
09/12
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part of the budget reform hike taxes on the wealthy to reduce france's deficit amidst all of. calling for 7 a% tax on the super rich. aruba, sweden and denmark and netherlands have the highest tax rates between 50 and 60%. u.s. caps income tax rates currently at much lower 35%. critics say france's proposed hikes will back fire by putter hurting businesses. police in canada busted three men, including one current and one former police officer for smuggling cheese and other foods across the border cost more in canada than the lower 48. suspects bought $200,000 of the stuff buffalo, new york. drove some 22 miles into canada without declaring it to customs. sold it to canadian restaurants and made more than $165,000 in profit. off cheese. one day after israel's prime minister netanyahu drew a red line. he spoke about the iranian nuclear threat. we will have details from both phone calls. word of another football bounty scandal. but not in the nfl this time. peewee wait until you hear this. bob... oh, hey alex. just picking up some, brochures, posters copies of my acceptance speec
part of the budget reform hike taxes on the wealthy to reduce france's deficit amidst all of. calling for 7 a% tax on the super rich. aruba, sweden and denmark and netherlands have the highest tax rates between 50 and 60%. u.s. caps income tax rates currently at much lower 35%. critics say france's proposed hikes will back fire by putter hurting businesses. police in canada busted three men, including one current and one former police officer for smuggling cheese and other foods across the...
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Apr 30, 2012
04/12
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. >> shepard: kids with attention deficit order also scored low on these tests. >> a very large percentage of them go on to become alcohol or drug abusers. it's interesting because they asked these 14-year-olds which ones had actually tried drugs or alcohol before. the ones that said yes, they compared their brain scans to the kids who had done poorly in that impulse test test test test we're just talking about. those scans were very very similar. researchers are saying these could be good predictors of risky behavior. prison. >> there is still a lot of research that needs to be done to find good testing methodology that will identify, let's say, an an an addictive permanent. if you find it early enough. yes, it allows the parents to be very proactive in monitoring any typical behavior. >> keep in mind, knowing what causes risky behavior is vastly different than knowing how to cure what causes risky behavior, shep. >> shepard: big gulf there. trace gallagher in los angeles. thanks. a judge today sentenced a former stripper and her two brothers after a crime rampage that rolled across sever
. >> shepard: kids with attention deficit order also scored low on these tests. >> a very large percentage of them go on to become alcohol or drug abusers. it's interesting because they asked these 14-year-olds which ones had actually tried drugs or alcohol before. the ones that said yes, they compared their brain scans to the kids who had done poorly in that impulse test test test test we're just talking about. those scans were very very similar. researchers are saying these could...
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May 11, 2012
05/12
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the old school liberal policies of the past with bigger and bigger government and bigger and bigger deficits, more and more intrusive government. that's what you are seeing today. that's why by the way it's been so hard for this economy to recover. this recovery has been the slowest, most tepid since hoover. >> for their part, the president's campaign aides say is he well positioned to retain north carolina and polls show a tight race in the state, shep. >> shepard: of course, the democrats seem to be hoping the publicity of holding their national convention in north carolina would help them. that's still on, right? >> in a word, yes. some 30,000 people have signed online petition demanding that the convention be relocated out of north carolina senior convention will help them win from north carolina and because a move isn't logistically possible at this point. also upset besides gays and lesbians, however, are the president's allies in organized labor because north carolina is a right to work state. some unions have been scaling back their funding for the convention this time around, shep.
the old school liberal policies of the past with bigger and bigger government and bigger and bigger deficits, more and more intrusive government. that's what you are seeing today. that's why by the way it's been so hard for this economy to recover. this recovery has been the slowest, most tepid since hoover. >> for their part, the president's campaign aides say is he well positioned to retain north carolina and polls show a tight race in the state, shep. >> shepard: of course, the...
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Jan 3, 2012
01/12
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are we sick and tired of the expansion of government, the endless spending and the deficit, doing the things they weren't supposed to do and forgetting about doing the things they should be doing? >> some of the polls have suggested that republic voters in the caucus have been a little bit turned off by some of ron paul's foreign policy positions and criticism from his rivals may be eroding last-minute support heading into tomorrow night's caucuses bite. contrast rick santorum's support on the ground appears to be growing. the number of cameras from around the world has quadruple. rick santorum will have the headlines for exceeding expectations regardless of tomorrow night's outcome. >> shepard: is he all over the media across iowa. three ours what about them? >> the three other candidates are already talking about states beyond iowa. whenever you have candidates who actually stop talking about the race that's eminent. it's usually a pretty bad sign. michele bachmann has already said that she will go from iowa direct to south carolina, essentially bypass new hampshire's first primary
are we sick and tired of the expansion of government, the endless spending and the deficit, doing the things they weren't supposed to do and forgetting about doing the things they should be doing? >> some of the polls have suggested that republic voters in the caucus have been a little bit turned off by some of ron paul's foreign policy positions and criticism from his rivals may be eroding last-minute support heading into tomorrow night's caucuses bite. contrast rick santorum's support...
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Oct 11, 2012
10/12
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best for our nation and our nation's jobs recovery and the sort of choices that would simply drive up deficits or drive up costs on middle class americans by ladling on more tax cuts for millionaires and billionaires. the other thing that i think is going to be at stake in this race is i think you're going to hear a robust discussion about the common good, about what's best for all of us, about what sort of choices we need to make that are consistent with the dignity of every human person, with consistent with the dignity of work, the common good, the protection of god's creation. i think this is going to be a debate that the vice president has been preparing really all his life for. it's going to be i think a very historic night and a very sharp contrast between vice president biden's vision for an america where there is more opportunity and congressman ryan who wants to bring us a country of less. >> shep: the maryland governor, democrat, good of you to be here. thank youment our coveraged continues enroute to mr. o'reilley i'm like...yeah, o. little did i know that one week later i wasn't s
best for our nation and our nation's jobs recovery and the sort of choices that would simply drive up deficits or drive up costs on middle class americans by ladling on more tax cuts for millionaires and billionaires. the other thing that i think is going to be at stake in this race is i think you're going to hear a robust discussion about the common good, about what's best for all of us, about what sort of choices we need to make that are consistent with the dignity of every human person, with...
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Apr 20, 2012
04/12
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in the name of deficit reduction. harris? >> harris: that says it all, doesn't it? good to see you, wendell, thank you. u.s. college students have on average more than four credit cards and by the time they graduate many have already wracked up thousands of dollars in debt. new rules have made it tougher for lenders to market to students. but the "wall street journal" now reporting banks are getting creative. the journal owned by the parent company of this network, reports some lenders are offering pre-paid cards that double as campus ids. prepaid cards are at this point pickly marketed to low income customers and government financial watchdog reportedly plans to look into them for possible abuses. the university of colorado dumping stinky fish fertilizer on a campus quad today in hoping to keep students to gather celebrate 4/20. many consider marijuana today. hoping to put a stop to annual smokeout on campus. drew more than 10,000 people there crowd of protesters gathering at the quad and police have already reportedly arrested three of them at this hour. well, tod
in the name of deficit reduction. harris? >> harris: that says it all, doesn't it? good to see you, wendell, thank you. u.s. college students have on average more than four credit cards and by the time they graduate many have already wracked up thousands of dollars in debt. new rules have made it tougher for lenders to market to students. but the "wall street journal" now reporting banks are getting creative. the journal owned by the parent company of this network, reports some...
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Nov 10, 2012
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. >> i'm not going to ask students and seniors and middle class families to pay down the entire deficit while people, like me, making over $250,000 aren't asked to pay a dime more in taxes. >> the problem with raising tax rates on the wealthiest americans is that more than half of them are small business owners. raising tax rates will slow down our ability to create the jobs that everyone says they want. >> harris: the white house says the president will veto any bill that extends tax cuts on incomes of more than $200,000. it is deja vu all over again, rich edson. he joins us from fox business network live in washington. rich, any idea how close they are to reaching a keel here? >> well, harris, they are just getting started of. earlier this week house speaker john boehner offered his position. this afternoon it was the president's turn. they have got some ground to cover to get a deal done. the white house says americans voted tuesday for tax increases on the wealthy. boehner says he is open to more revenue from taxpayers if it's part of an overhaul to the entire tax code. there are wa
. >> i'm not going to ask students and seniors and middle class families to pay down the entire deficit while people, like me, making over $250,000 aren't asked to pay a dime more in taxes. >> the problem with raising tax rates on the wealthiest americans is that more than half of them are small business owners. raising tax rates will slow down our ability to create the jobs that everyone says they want. >> harris: the white house says the president will veto any bill that...
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Jun 5, 2012
06/12
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we have a jobness problem, a debt problem, a deficit problem. we have got a lot of problems. not enough lawsuits is not one of them. >> the bill needed 60 votes in the united states senate in favor. it only got 52. and, therefore, failed, shep? >> both sides posture. both sides push the other into votes. and this is presidential election wrapped up in a bow. >> no question. it's all about the women's vote and democrats have continue add story line that republicans are anti-women. can you expect political ads to run against the 47 senators who voted no on this measure the female senator leading the charge called on women to continue the fight. >> >> this is a fight for fairness. this is a fight for equity. i ask them to put their lipstick on. square their shoulders, suit up for this is a new american revolution. >> president obama called today's vote incredibly disappointing at what he calls a make or break moment for the middle class. shep? >> mike emanuel on capitol hill. a republic congressman claims he has evidence that justice department officials knew more than they have
we have a jobness problem, a debt problem, a deficit problem. we have got a lot of problems. not enough lawsuits is not one of them. >> the bill needed 60 votes in the united states senate in favor. it only got 52. and, therefore, failed, shep? >> both sides posture. both sides push the other into votes. and this is presidential election wrapped up in a bow. >> no question. it's all about the women's vote and democrats have continue add story line that republicans are...
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Feb 29, 2012
02/12
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watch how taxes, deficit spending see how all of that plays out among the two voters in the states. the results from four years ago from 2000 will when mitt romney took on john mccain here in the state of michigan. this is romney's native state, remember, he went into michigan and beat mccain by nine points. he did well in the population centers. in the west around grabbed rapids and in the central and southeastern part near the city of detroit, that's where frankly everybody lives in michigan or the greater percentage of people live in michigan including counties like oakland county north of detroit. there are so many votes to be captured here in this county. romney beat mccain by 20 points in this county four years ago. further east though romney also saw a big showing in mccomb county, beating mccain again by 20 points here. why is that important? >> because if rick santorum wants to have a chance at beating mitt romney in his native state tonight, he needs areas like mccomb county. that is where you find reagan democrats. that santorum has been appealing to in states like michig
watch how taxes, deficit spending see how all of that plays out among the two voters in the states. the results from four years ago from 2000 will when mitt romney took on john mccain here in the state of michigan. this is romney's native state, remember, he went into michigan and beat mccain by nine points. he did well in the population centers. in the west around grabbed rapids and in the central and southeastern part near the city of detroit, that's where frankly everybody lives in michigan...
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Aug 1, 2012
08/12
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. >> he is not asking you to contribute more to pay down the deficit. he is not asking you to pay more to invest in our children's education or rebuild our roads or put more folks back to work. he is asking you to pay more so that people like him can get a big tax cut. >> even though the obama camp thinks this is resonating here in ohio. they are going to keep coming back here just to make sure. this is his ninth campaign trip to ohio. already he was in this very area of akron just a few weeks ago on that bus tour. they are going to keep coming back here again and again. this is one of those battle grounds that will undoubtedly help determine who wins this race, shep. >> shepard: no question there. you mentioned back here. governor romney is back here in the u.s. from his trip overseas. he has taken a day off, i suppose. his campaign is for not. it's pushing back on taxes and pushing hard. >> they are because, basically, what the romney camp he says is they think this study in s. flawed because it's advocating tax increases and more government spending.
. >> he is not asking you to contribute more to pay down the deficit. he is not asking you to pay more to invest in our children's education or rebuild our roads or put more folks back to work. he is asking you to pay more so that people like him can get a big tax cut. >> even though the obama camp thinks this is resonating here in ohio. they are going to keep coming back here just to make sure. this is his ninth campaign trip to ohio. already he was in this very area of akron just...
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Jun 29, 2012
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vice presidential pick, said he had to vote against it, because, "at a time of record debt and deficits, it breaks the budget agreement that congress established last year." he goes on to say "we must lead by example and stop spending money we don't have." on the house, john boehner voted for it, all 52 no votes were republican. mainly tea partiers and fiscal conservatives. boehner said the bill is far from perfect, but called at it substantial improvement over the original senate version of the bill. john? >> molly henneberg. thank you. >>> for years bernie madoff brother claimed he knew nothing about one of the biggest ponzi schemes of all time. now, peter madoff says he is sorry. big brother will have company in the slammer. >>> plus, a jury convicted a man of burning down his own house. moments later he dropped dead. that is next. looking for a better place to put your cash? here's one you may not have thought of -- fidelity. now you don't have to go to a bank to get the things you want from a bank, like no-fee atms, all over the world. free checkwriting and mobile deposits. now dep
vice presidential pick, said he had to vote against it, because, "at a time of record debt and deficits, it breaks the budget agreement that congress established last year." he goes on to say "we must lead by example and stop spending money we don't have." on the house, john boehner voted for it, all 52 no votes were republican. mainly tea partiers and fiscal conservatives. boehner said the bill is far from perfect, but called at it substantial improvement over the original...
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Jul 16, 2012
07/12
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. >> obama's critics say taxes one of the proposals of the simpson bottles deficit commission. >> shepard: comment he made about small businesses that some are indicating sound insulting. >> the president said small businesses are dependent on roads, bridges, the internet, other parts of the infrastructure that governments make happen. he said it in a way, however that his critics contend down plays the initiative of small business owners. mitt romney's spokeswoman said, quote, president obama's comments reflect just how unqualified he is to lead us to a real economic recovery. the obama campaign says education, the infrastructure, our investments we makes a a nation and that all americans benefit from it. shepard? >> shepard: wendell goler live on the north lawn. thank you. air force sergeant is now charged with raping recruits he was supposed to be training. his court martial started today at lock land air force base in texas. he could get life in prison. his lawyer is not talking. the sergeant is one of a dozen instructures at that base facing charges ranging from rape to aadultery. fo
. >> obama's critics say taxes one of the proposals of the simpson bottles deficit commission. >> shepard: comment he made about small businesses that some are indicating sound insulting. >> the president said small businesses are dependent on roads, bridges, the internet, other parts of the infrastructure that governments make happen. he said it in a way, however that his critics contend down plays the initiative of small business owners. mitt romney's spokeswoman said,...
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Jul 19, 2012
07/12
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unbelievable, but to have this kind of waste reported when we're one way running trillions of dollars of deficit makes absolutely everyone's blood boil. >> gsa officials say they're concerned and turned the matter over to their inspector general to launch an investigation as soon as they discovered it. >> shep: we reported they will be leasing space in the new one world trade center in manhattan and it turns out somebody forget to tell that to congress. >> yeah. and they're not too happy about it. according it several members under two different federal laws and gsa's own leasing procedures, leases of a certain amount must first be approved by congress. california republican says there is a reason for that. >> that's why they elect us, elect congress to come in and be able to approve these or not approve them. but have an up or down vote on it. to go around congress, it's one more way to show that gsa is spending lavishly with no control. >> the dollar amount that would trigger the need for congressional approval is roughly $2.8 million, the least gsa announced totals more than 350 million. shep
unbelievable, but to have this kind of waste reported when we're one way running trillions of dollars of deficit makes absolutely everyone's blood boil. >> gsa officials say they're concerned and turned the matter over to their inspector general to launch an investigation as soon as they discovered it. >> shep: we reported they will be leasing space in the new one world trade center in manhattan and it turns out somebody forget to tell that to congress. >> yeah. and they're...
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Jul 27, 2012
07/12
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. >> door number one, let's say governor romney's plan was tax reform, deficit reduction, or do i get door number two with very high marginal tax increases from the president's plan, that's just an enormous amount of uncertainty. the romney camp trying to make the case there that uncertainty about taxes and other issues is leading both businesses and individual consumers to sit on their wallets right now. the other big issue to watch moving forward is a week from today, next friday we'll get a jobs report about the situation in july there at the beginning of august. that is going to be a big deal in terms of how it effects the campaign, jon. >> jon: ed henry at the white house. this someone of the headlines that mitt romney woke up to in london today. british paper in arms in comments about the olympics. today he made a new comment about the games and got unexpected chance to hit the streets. we're live in london. plus, police say the medical worker accused of causing hepatitis outbreak that could effect thousands of people wrote a suicide note. details next on "the fox report." ♪ w
. >> door number one, let's say governor romney's plan was tax reform, deficit reduction, or do i get door number two with very high marginal tax increases from the president's plan, that's just an enormous amount of uncertainty. the romney camp trying to make the case there that uncertainty about taxes and other issues is leading both businesses and individual consumers to sit on their wallets right now. the other big issue to watch moving forward is a week from today, next friday we'll...
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Feb 18, 2012
02/12
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some lawmakers refused to get behind it saying the measure will only add to the nation's soaring deficit. mike emanuel with the news live from capitol hill. why did some lawmakers ultimately vote no? >> some democrats don't like the way about $60 billion of the package is being paid for including the extension of unemployment benefits. republicans like the idea of cutting taxes but some republicans say we shouldn't be messing with social security. >> this legislation is simply an election year gimmick. it jeopardizes our already fragile social security system while literally tricking voters, 160 million of them, with the hopes that they believe it is real tax relief. >> others don't like the idea that this is so temporary thinking more pe permanent solutions are needed, john. >> for those who did support it what are the key points? >> those who serve high unemployment area like the idea of jobless benefits being extended. for those worried about constituents on medicare they like the idea that doctors are being taken care of. >> americans are waiting and watching what happens here today.
some lawmakers refused to get behind it saying the measure will only add to the nation's soaring deficit. mike emanuel with the news live from capitol hill. why did some lawmakers ultimately vote no? >> some democrats don't like the way about $60 billion of the package is being paid for including the extension of unemployment benefits. republicans like the idea of cutting taxes but some republicans say we shouldn't be messing with social security. >> this legislation is simply an...
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Jul 12, 2012
07/12
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he says it's the only way to cover the nearly 17-million-dollar deficit. and it's not just public workers feeling the squeeze. scranton's mayor has proposed a 78% property tax hike over three years to pay off the city's dense. trace gallagher in our west coast news hub and it turns out, trace, cities across the country are in a lot more debt than we realized. >> don't forget the cities are obligated to pay their pensions that's a huge chunk of city revenue. moody's investors the credit agency of wall street has looked at the pension funds of all 50 states as well as some 8500 cities and counties and they have found that they are $2.2 trillion under funded. here is. why the cities invest their pension funds and they bank on getting between 7.25 and 8.25% return. they are only getting between 4% and 5%. look at that. for example, if your pension liability is 10 billion at 8%, it jumps to 13.5 billion at 5.5%, which is a big gap. listen. >> they keep assuming they are going to return 7%, 8% a year. even the stock market has been flat for the last 10 years. so
he says it's the only way to cover the nearly 17-million-dollar deficit. and it's not just public workers feeling the squeeze. scranton's mayor has proposed a 78% property tax hike over three years to pay off the city's dense. trace gallagher in our west coast news hub and it turns out, trace, cities across the country are in a lot more debt than we realized. >> don't forget the cities are obligated to pay their pensions that's a huge chunk of city revenue. moody's investors the credit...